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Which term describes what a manufacturer spends for goods or services? A. cost B. price C. markup

Roger Moore

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Nicholas Rivera on February 23, 2019

Thank you for posting your question here on brainly. I hope the answer will help you. Feel free to ask more questions.The cost is a term that describes what a manufacturer spends for goods or services.In the production, research, retail, and accounting, a cost is the value of the money has been used to produce something, and hence is not available for use, nothing more. In business, the cost may be one of acquisition, in which case the amount of money invested to acquire it is counted as cost.


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